Securities / Derivatives

Securities / Derivatives

RBI Finalises Master Directions for Credit Derivatives Market

By Manesh Samtani | 14/02/2022

The revised directions are aimed at helping to develop more liquidity in the corporate bond market, especially for the bonds of lower-rated issuers.

Market Infrastructure

PBOC Issues New Bond Lending Rules for Interbank Market

By Editors | 14/02/2022

Financial institutions and foreign banks participating in the bond lending system must sign a master agreement, which NAFMII is tasked with developing.

Enforcement

Prosecutors Drop Criminal Cartel Case Against Citi, Deutsche

By Editors | 13/02/2022

Australia’s top prosecutor concluded that there were no longer reasonable prospects of convicting Citigroup, Deutsche Bank and four former executives.

Securities / Derivatives

SEBI Revises Format for Abridged Prospectus Disclosures

By Editors | 13/02/2022

The format has been revised to offer greater simplicity, clarity and consistency in the disclosures, and to ensure additional critical information is provided to investors.

ESG / Sustainability

Credible Data for a Sustainable Future

By Ashley Alder | 13/02/2022

Ashley Alder, Chair of IOSCO and CEO of the HK SFC, calls for greater consistency and transparency for ESG ratings and data.

Securities / Derivatives

PBOC Official Calls Out ‘Illegal’ Foreign Investment Channels

By Darien Choong | 13/02/2022

The PBOC’s Sun Tianqi has warned domestic securities firms against using their offshore units to facilitate cross-border securities trading.

Market Infrastructure

IDX to Enhance Stock Options Trading Infrastructure

By Editors | 13/02/2022

IDX has suspended stock options trading in the interim. It is also planning to launch new ETF, futures and structured warrant products this year.

Market Infrastructure

HK Clearinghouses Ask Participants to Review Operational Procedures

By Sanday Chongo Kabange | 13/02/2022

Participants are warned that failure to adhere to the settlement timelines stipulated by the clearinghouses would constitute an event of default, which could result in disciplinary actions.

Securities / Derivatives

Taiwan to Finalise Risk Management Rules for Futures Trust Companies

By Editors | 12/02/2022

Futures trust companies are required to set up dedicated risk management departments with “adequate and competent” full-time personnel by 31 December.